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The ongoing investigation into the alleged financial fraud during Godwin Emefiele's time as Governor of the Central Bank of Nigeria has uncovered shocking revelations. With an estimated N7 trillion involved, the probe is set to expose the mismanagement and compromised regulations within the financial system. Despite facing pressure from influential figures, the investigative team is determined to unveil the truth and hold the perpetrators accountable.
The Nigerian Association of Road Transport Owners (NARTO) has called on the Federal Government to remove the 7.5% Value Added Tax (VAT) on Automotive Gas Oil (AGO), also known as diesel. NARTO warns that failure to remove the VAT would lead to disruptions in the distribution and supply of petrol (PMS). The high cost of diesel, coupled with the deplorable state of roads and skyrocketing dollar rate, has made the cost of doing business in the transport sector unbearable.
A tragic boat mishap in Adamawa state has once again highlighted the urgent need for improved waterway safety measures in Nigeria. The incident, which claimed the lives of women and children, occurred just days after another boat accident in the region. The local community is calling for immediate action from the government to prevent further tragedies.
Victor Osimhen, the Napoli striker, scored a hat-trick for the Nigerian national team in their resounding 6-0 victory over Sao Tome and Principe in the final round of qualifiers for the 2024 African Cup of Nations. Nigeria secured the top spot in their group with 15 points after previously guaranteeing qualification. Read on for all the details.
Member of the Ebonyi State House of Assembly, Victor Nwoke, commends Governor Francis Nwifuru for addressing the salary increase of workers and tackling communal clashes within the state. Nwoke highlights the positive impacts of these actions on the socio-political advancement of the region. He also urges the governor to focus on industrialization and job creation for further development.
The Rivers State Government has issued a statement clarifying the recent demolition of the DAAR Communications complex. Contrary to speculation, the government asserts that the demolition was not politically motivated but rather aimed at improving the lives and well-being of Rivers people. The government argues that DAAR Communications lacked the necessary legal documentation for the land they occupied and reveals plans for the development of a Government Residential Area on the site.
The Minister of the Federal Capital Territory (FCT), Nyesom Wike, has called on the chairmen of the six Area Councils in FCT to set up a Surveillance Committee to address the rising insecurity in their respective areas. This move comes in response to the challenges faced by the council chairmen, including inadequate funds, sanitation issues, land allocation problems, and the growing threat of illegal mining activities. Wike emphasized the need for collaboration and support from the area council chairmen to tackle these issues and ensure the safety and development of the FCT communities.
The Minister of the Federal Capital Territory (FCT), Nyesom Wike, has urged the Chairmen of the six Area Councils in FCT to establish Surveillance Committees to address the growing insecurity and illegal mining activities in their respective areas.
The Minister of the Federal Capital Territory (FCT), Mr Nyesom Wike, has rejected the constant variations in the contract cost of the Ushafa - Bwari Road project. Wike expressed his displeasure with the consistent increase in the contract amount, calling it "very embarrassing." He also criticized the Federal Capital Development Authority (FCDA) for the numerous variations in other contract amounts. The minister vowed not to accept any further variations and vowed to overhaul the engineering services involved. Additionally, Wike visited the Lower Usuma Dam Water Works rehabilitation and expressed dissatisfaction with the project's delivery.
The Minister of Defence, Alhaji Mohammed Badaru, has called on Nigerians to continue praying for their leaders and the nation to overcome the security challenges facing Nigeria. The Minister made this appeal during a visit from the Governor of Jigawa state, Malam Umar Namadi. Both leaders emphasized the need for support and prayers from all Nigerians to ensure peace and stability in the country.
CDLP Hub Ltd, also known as Concept De Là Paix, celebrated its 1st year anniversary in grand style in Ibadan, Oyo State. The event was attended by notable personalities, CEOs, top entrepreneurs, friends, and family. The CEO and founder, Mr. Peace Adedokun, reiterated the company's commitment to simplicity and innovation in his speech.
Former Vice President Atiku Abubakar's petition to unseat President Bola Tinubu has been dismissed by the Presidential Election Petitions Tribunal (PEPC). The tribunal ruled that Atiku's petition lacked merit and failed to provide sufficient evidence to support his claims of irregularities and electoral malpractices. The decision upholds the victory of President Tinubu in the presidential election held on February 25.
The Abuja Electricity Distribution Company (AEDC) has cut off power supply in Abuja due to the ongoing strike action initiated by the Nigeria Labour Congress (NLC). In response to customer reactions, AEDC has appealed for patience while discussions with stakeholders are ongoing. The article explores customer reactions and questions regarding AEDC's participation in the strike.
Honourable Ikenga Imo Ugochinyere, a member of the House of Representatives representing Ideato North and South Federal Constituency of Imo State, has called on the federal government to come to the aid of the people of the area. He appeals for urgent repairs of collapsed roads and bridges, as well as the devastating erosion menace in the region.
The Kogi State chapter of the Nigeria Labour Congress (NLC) has heeded the directive of the national president of the NLC and embarked on a warning strike. As a result, work activities in the state, including ministries and institutions, have been suspended. The Federal University Lokoja has also been affected, forcing students to stay at home. Banks are open but will close by noon. The strike action has caused significant disruption in Kogi State.
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